Skip to main content

An example of South Austin, Texas Home Appreciation.

 On 6.16.2017, Austin Silent Market Realty and George Vance McGee Real Estate Agent worked as the seller's agent and helped successfully close this exact property. At the time of the ABOR active MLS sale, the property was being marketed in excellent condition in a "post home improvement flipped" state and presentation. I, GVM, distinctly remember, one of the few but frequent buyer objections was the droopy, angle slumped ceiling in the living room. Other than that, this South Austin Home (located south of hwy 290), circa South 1st was in a beautiful condition and sparkled with 4 full bedrooms and 2 bathrooms, with a 1 car garage. It was plenty of house, nestled within a calm South Austin Residential neighborhood. In addition there was and still is ample fenced green backyard and lot land. The asking price per ownership started at $385,000 and dropped to $369,500 in mid year of 2017. Here is the FLYER for the at-one-time Austin Silent Market Sale Listing in South Austin.








Today, 11.2.2021 about roughly 4-5 years later, while searching the ABOR MLS System, I noticed this exact same home and property was showing as Active Abor MLS for Sale on the Market with "multiple offers and an offer deadline." The asking MLS price as of 11.2.2021 was $600,000. 

There you go ladies and gentlemen. Perhaps today's Central Austin Real Estate Lesson is to simply BUY and HOLD Central Austin Real Estate.

 

The Property is currently, as of 11.2.2021 showing as active on MLS. The Listing Agency is credited as Maria & CoCo Vargas with Keller Williams Realty cocovargas@kw.com.

Here is the MLS Description for The Property; 
***Deadline to submit offers is Monday 11/1 at 7PM!!**** Welcome home to this recently remodeled four-bedroom, two-bath home in the sought out 78745! Upon entry, you're greeted with an open, inviting floor plan and plenty of natural light. Abundant windows in the living and dining area make the space feel bright and airy. Plenty of bedrooms to host guests, have a workout studio or home office. The thoughtfully designed backyard is a must-see and perfect for those that love to spend outdoors and entertain. Unwind with your favorite cocktail and take a dip in the stock tank pool or enjoy an outdoor dinner with friends on the deck. This modern single-family home sits nestled between South Congress and S. 1st, close proximity to Heartwood community garden, South Congress entertainment, and the future Central Williamson Creek Greenway. Just 5 miles to downtown. This area of town offers an abundant amount of grocery stores nearby, including Central Market, Wheatsville, HEB, and Sprouts. Plenty to do in the area - restaurants and retail located nearby in the Industrial District off of South Congress including St. Elmo Brewery, Austin Winery, and the new St Elmo Marketplace coming soon. Don't miss this one-of-a-kind South Austin gem! Exclusions: Wooden and metal shelves in office, microwave, clear plastic shelves in nursery, wire metal shelving in closet and garage. Sellers wants a lease back until December 31st!







 

Comments

Most Popular Posts on ATX Real Estate Life Blog

Per TheATX1 (@The ATX) on Twitter: Here are the Future Development Plans for West 6th and Lamar in Old West Austin, near Downtown, ATX.

 This is a massing of the 6th & Lamar (Waterloo Records site) residential project based on the Planning Commission approved zoning. The original plans before a compromise was reached with the local neighborhood association called for a building 31' and two or three floors taller. TheATX1 (@The ATX) posted: This is a massing of the 6th & Lamar (Waterloo Records site) residential project based on the Planning Commission approved zoning. The original plans before a compromise was reached with the local neighborhood association called for a building 31' and two or three floors taller.  https://x.com/theatx1/status/ 1944435039199985686?s=66

Should you BUY a FLIPPED House? ATX Broker Associate GVM Tips, Insights.

 SHOULD YOU BUY a "FLIPPED" HOUSE?  Have you personally ever considered and wondered if you, yourself should BUY  a "flipped house." In my 15+ years of predominantly residential Central Austin brokerage practice and experience, here are my insights, opinions, suggestions and things to be cognizant of.  #1. Absolutely, for sure get a LICENSED INSPECTION on the flipped house! Not all flippers are the same. Just like in life there is a wide spectrum in regards to quality. Some flippers are flat out awful. They make very lipstick-like improvements, skip the expensive items such as the foundation, and plumbing and try to trick the consumer into paying more for a home, when the consumer shouldn't.  On the Flip Side (this joke was just too obvious) There are also excellent high-quality flippers whom selectively choose which homes they flip, and then they invest carefully and beautifully while genuinely  improving a home! Some of these hi-quality upper tier flippe...

Austin, Texas has a DOG PROBLEM.....

  Austin, Texas has a DOG problem (Letter I wrote and sent) Dear Austin City Council Members, Hello and well regards, Yesterday afternoon during a simple bicycle pedal exercise ride, I was physically chased by an unleashed Pitbull dog in ZILKER PARK. Then directly after recovering from almost being mauled by an unleashed pit-bull in Zilker Park, I attempted to buy a Gatorade at a nearby Barton Springs Road Market, but that didn't go well either, as an interior Market commercial customer had a massive mixed breed dog trolling through the diminutive shopping isles. Then this morning, at a Coffee shop on SoCo, there was only 1 entry way in and out, and there was another large, although more docile mixed breed dog. All of this has occurred in less than 24 hours. What's the point? The City of Austin's dog friendliness and citizen enabling of irresponsible dog owners has gotten out of control. Newsflash! Not everybody like dogs, being everywhere all the time. especially within ...